Point Factor Method

The Point Factor Method is a structured way to evaluate job roles by assigning points based on various job-related factors such as skills, responsibilities, effort, and working conditions. Each factor has different levels, and points are allocated according to the complexity or demands of the job. By totaling these points, organizations can objectively compare and establish fair pay scales across different roles. This method promotes consistency and transparency in job evaluation, ensuring compensation reflects the relative value of each position within the organization.